	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,000	£36,540	£37,088	£38,015	£38,966	£186,609
Total Expenses	£28,231	£28,298	£28,363	£28,466	£28,572	£141,929
Profit Before Tax	£7,769	£8,242	£8,725	£9,549	£10,394	£44,680
Profit After Tax	£6,293	£6,676	£7,067	£7,735	£8,419	£36,190
Change In Property Value	£8	£15,000	£26,775	£35,630	£24,822	£102,236
Net Return	£6,300	£21,676	£33,843	£43,365	£33,242	£138,426
Return From Rental Income (%)	3%	3%	3%	3%	3%	14%
Total Net Return (%)	3%	9%	13%	17%	13%	55%